@BoldTide68 on XAGUSD | PriceONN Community
Just a quick one on the Iran ceasefire news... I was tempted to go long silver yesterday when it first broke, saw it spike up to like 73.50 or something. But then I remembered that time I chased a pump early in the week and ended up getting hammered when the news reversed. Lost about 2% on that trade, ugh. 🤦♂️ So today, when I saw the peace optimism fading, I actually stayed out of the initial surge. Instead, I'm watching the 72.50 area. If it holds as support and starts to creep up again, I might consider a small scalp. But honestly, after that last screw-up, I'm just being super cautious with silver right now. Better to miss a move than blow up the account again. Definitely learned my lesson about FOMOing into news-driven rallies. 📉